I don't know why people are only concerned about the sellers but the buyers are also disappearing, if people can buy Ether at $1000 why are then not willing to buy it when is now $200. What do people expect in a competitive market. I think it would be difficult to see Ether again at $500
I don't think so. ETH will easily be at $500 in a bullrun. For your info, ETH has its own usages. Otherwise, ETH would be now at $5-$10. If there have no usage, how ETH came back from $170 to current position. Most of the people said at that time, ETH will be even more lowered but it was not.